141 N Murphy Rd
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141 N Murphy Rd
4,990 SF 100% Leased Retail Building Murphy, TX 75094 $2,900,000 ($581/SF)
Investment Highlights
- Heavy daytime traffice with 24,000 cars + daily
Executive Summary
Great location in Murphy on Busy Murphy road with 24,000 cars daily on this highly visible retail strip center. 4900sf of retail with two tenants and also has 20,000sf of land for phase II which can be another 3000sf of retail. There has been lots of interest from coffe users for phase II.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,990 SF
Building Class
B
Year Built
2019
Price
$2,900,000
Price Per SF
$581
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Land Acres
1.64 AC
Zoning
retail - town center, commercial retail
Frontage
238 FT on Murphy road
Amenities
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
1 of 5
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141 N Murphy Rd
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